IndusInd Bank Pioneer Legacy Credit Card – Benefits, Fees & Eligibility

IndusInd Bank Pioneer Legacy Credit Card

Introduction

The IndusInd Bank Pioneer Legacy Credit Card is a premium, contactless credit card designed for individuals who appreciate a lifestyle of travel, luxury, and success. It offers best-in-class rewards and exclusive privileges tailored for discerning tastes. This card is available in both paid and free variants, with the paid version providing enhanced benefits such as an attractive joining fee offer with welcome vouchers, accelerated reward points on spends, complimentary movie tickets, lounge access, golf privileges, and comprehensive insurance covers.

Welcome Benefits

• Join the PIONEER Legacy Program at a discounted joining fee of ₹45,000 and receive Welcome Vouchers of your choice worth ₹50,000.
• Alternatively, you may join at a fee of ₹5,000 which gets waived if you spend ₹50,000 within the first 90 days of card issuance (this option does not include Welcome Vouchers).
• As a welcome gift, with the paid variant, you are provided with an Oberoi hotel e-gift voucher and a Luxe Gift card worth ₹5,000.
• The gift vouchers are valid for 6 months from the date of issuance.
• You can redeem up to two Oberoi hotel gift vouchers on a single reservation.
• Multiple redemptions are allowed up to the cash value in the case of the Luxe gift voucher.
• Enjoy a waiver of the add-on card fee.

Fees

• Joining Fee: ₹50,000 + GST (for the paid variant, or ₹45,000 as a discounted offer with vouchers, or ₹5,000 which can be waived).
• Renewal Fee: Nil
• Spend-Based Waiver: The ₹5,000 joining fee variant is waived if you spend ₹50,000 within the first 90 days of card issuance.
• Rewards Redemption Fee: ₹100
• Foreign Currency Markup:
  • Low foreign currency mark-up of 1.8% (only on the paid variant).
  • The foreign currency mark-up will initially be charged at 3.5%, and the differential amount will be credited to the cardholder’s card account in the subsequent month.
• Interest Rates: 3.83% per month (equivalent to 46% per annum).
• Fuel Surcharge: 1% surcharge waiver on fuel transactions made between ₹400 and ₹4,000 at all fuel stations across India.
• Cash Advance Charges: Nil (enjoy free cash advancement/withdrawal facility).

Rewards

General Rewards Earning

• Earn 1 reward point for every ₹100 spent on weekdays.
• Earn 2 reward points for every ₹100 spent on weekends.
• Transactions will be classified as weekday/weekend as per the transaction date and will reflect in your credit card account accordingly.
• From 4th February 2023, the Rewards program will be revised for select merchant categories (Utility Bill Payments, Insurance Premium Payments, Government Services/Charges/Payments, Education Institute Fees). For these categories, the reward points earning will be 0.70 Reward Points for every ₹100 spent (on weekends and weekdays).
• Reward points are earned only for spends up to the assigned credit limit in every statement cycle. Points earned due to excess usage above the credit limit will be forfeited.
• No reward points are accrued on fuel transactions.

Bonus Rewards on Spends

• A special bonus offer awaits you: Earn 6,000 bonus reward points on spending ₹6 lakh or above within one year from the date of card issue.
• Revision effective 15th December 2024: Earn 4,000 bonus reward points on spends of ₹5,00,000 or above within one year from the date of credit card issue.
• This milestone offer is applicable for both primary and add-on cardholders. Bonus reward points get credited within one year from the date of card issuance.

Movies

• Catch up on the latest movies with a Buy 1 Get 1 free offer for all tickets booked on BookMyShow.
• Avail up to three free tickets in a month.
• Get an additional ₹50 off on selecting the F&B option.
• Offer valid on all theatres registered with BookMyShow across all major cities.
• To avail the offer, customers need to book a minimum of 2 tickets to get one ticket free, a minimum of 4 tickets to get 2 free tickets, and a minimum of 6 tickets to get 3 free tickets.
• The maximum discount on one free ticket is capped at ₹200.
• The maximum discount on F&B is capped at ₹50 for every 2 tickets booked (e.g., ₹100 for 4 tickets, ₹150 for 6 tickets).
• An exclusive discount of 20% on non-movie bookings, up to ₹200, is also available.
• Offer not applicable on Jazz Cinemas, Chennai.
• Offer valid till 31st March 2023.

Travel

• Domestic Lounge Access:
  • 1 complimentary lounge visit per calendar quarter in participating Domestic Lounges using your IndusInd Bank Pioneer Legacy credit card (MasterCard Holders).
  • Visa card holders can access select premium airport lounges within India and enjoy up to two complimentary visits per calendar quarter.
  • This provides a total of 4 complimentary domestic lounge accesses per year.
• International Lounge Access:
  • 2 complimentary visits on International Lounges outside India per calendar quarter using your Priority Pass (only on paid variant).
  • Priority Pass will be issued within 15 working days from the card issue date.
  • Usage charges of $27 will be applicable for incremental and guest lounge visits.
  • Complimentary Priority Pass membership with a usage fee of USD 35 for lounge access.
  • This provides a total of 8 complimentary international lounge accesses per year.
• Travel Assurance and Insurance:
  • Lost Baggage Insurance worth ₹1 Lac
  • Delayed Baggage Insurance worth ₹25,000
  • Loss of Passport Insurance worth ₹50,000
  • Lost Ticket Insurance worth ₹25,000
  • Missed Connection Insurance worth ₹25,000
  • Personal Air Accident Insurance cover of up to ₹25 Lac.

Golf

• Unwind on the golf course as you enjoy complimentary services at select prestigious clubs.
• Receive 4 complimentary golf games per month.
• Receive 4 complimentary golf lessons per month.
• This benefit is applicable only on the paid variant and for primary cardholders.
• Complimentary benefits of the Golf Program are subject to a minimum of ₹25,000 in retail purchases/spends in the last statement generated as per the credit card billing cycle. Retail purchases/spends made on add-on card(s) will also be considered.
• Complimentary golf games/lessons are calculated per calendar month.
• Available at selected locations including Ahmedabad (Kalhaar Blues & Greens, Kensville Golf & Country Club), Bengaluru (Clover Greens, Prestige Golfshire), Chennai (Madras Gymkhana Club, AKDR Village for lessons), Delhi NCR (Unitech Golf & Country Club, Jaypee Greens, Jaypee Wishtown NEW, Golden Greens, Ambience Greens for games and lessons), Hyderabad (Boulder Hills Golf Club), Kolkata (Tollygunge Club, ProTouch Academy for lessons), Mumbai (9 Aces, Kharghar Valley Golf Club, Golden Swan Golf Academy for lessons), and Pune (Poona Golf Club).
• Hole-in-one Insurance: This coverage is valid for tournaments conducted/certified by PGA/IGU/PGTI and Other International Golf Associations in India only. The personal accident cover is applicable only for primary cardholders.
  • Conditions for Hole-in-one cover: Minimum yardage on any selected hole must be 150 yards from tee to pin. The hole is scored off the first tee shot. An impartial tournament official shall be stationed at each of the insured holes, monitoring play, and along with the club secretary, shall sign off the player's card to claim the prize. A player scoring hole in one must finish the entire round of golf and complete the scorecard. Replayed balls shall not be counted as a hole in one.

Rewards Redemption Guide

• You can redeem the reward points accumulated against a host of attractive options:
  • IndusMoments: Redeem your Reward Points at the Indus Moments Reward Portal for special gifts/vouchers.
  • Redemption Against Miles on Partner Airlines: Convert points to Krisflyer Miles at a rate of 200 Reward Points = 100 Krisflyer Miles.
  • Cash Credit: Convert your reward points into cash credit at a value of 1 Reward Point = ₹1.
• Important Note: Reward Points redemption towards InterMiles for your IndusInd Bank Credit Card will be discontinued effective 21st January 2025.
• A Rewards Redemption Fee of ₹100 is applicable.

Card Review

The IndusInd Bank Pioneer Legacy Credit Card is a highly rewarding premium card designed for individuals with a penchant for luxury travel, lifestyle, and exclusive experiences. Its reward structure, offering 2x points on weekends and 1x on weekdays, is particularly attractive for those whose spending patterns align with weekend usage. The annual bonus reward points on reaching spending milestones provide significant value, especially when redeemed as cash credit. The card truly shines with its comprehensive benefits across various categories, including the generous Buy 1 Get 1 free movie ticket offer, extensive lounge access both domestically and internationally, and complimentary golf games and lessons. Furthermore, the low foreign currency markup and zero cash advance charges make it a strong contender for international travelers. The array of insurance covers adds an extra layer of security and peace of mind. Overall, the Pioneer Legacy Credit Card offers substantial value through its diverse perks and robust reward program, making it a compelling choice for high-spenders seeking premium benefits and a rewarding experience.

Important Product Details

• Rewarding Spends: Earn 2 Reward Points on every ₹100 spent on weekends and 1 Reward Point on every ₹100 spent on weekdays, with specific categories earning 0.70 RP per ₹100.
• Bonus Rewards: Get 4,000 bonus reward points annually on achieving a milestone spend of ₹5,00,000 or more.
• Movie Benefits: Enjoy a Buy 1 Get 1 free offer on movie tickets via BookMyShow, up to three times a month, with an additional ₹50 off on F&B.
• Lounge Access: Complimentary domestic (4 per year) and international (8 per year) lounge access, including Priority Pass membership (usage charges apply for lounge access).
• Golf Privileges: Receive 4 complimentary golf games and 4 complimentary golf lessons each month (subject to previous statement cycle spend criteria).
• Travel Insurance: Extensive insurance coverage including accidental air death, lost/delayed baggage, loss of passport, lost ticket, and missed connection.
• Zero Cash Advance Fees: No charges for cash withdrawals.
• Low Foreign Currency Markup: A competitive 1.8% forex markup fee (differential credited back).
• Fuel Surcharge Waiver: 1% waiver on fuel transactions between ₹400 and ₹4,000.
• Welcome Perks: Choice of Welcome Vouchers worth ₹50,000 or a ₹5,000 Luxe Gift Card and Oberoi e-gift voucher, depending on the chosen joining fee option.
• 24x7 Concierge Services: Dedicated assistance for various needs.
• Add-on Card Fee Waiver: Complimentary add-on card.

Other Details

• The card is a contactless credit card.
• The PIONEER program is available at select locations only.
• 24×7 Concierge services are available to assist you.
• Auto assistance is provided in case of emergencies, including emergency fuel supply, roadside repair, and lost keys.
• For any concerns or support regarding golf, customers can write to indusindgolfbookings@apexlynx.net.
• For Hole-in-one insurance queries, you can reach out to the Bank at pioneerrmassistance@indusind.com.
• For general queries/assistance, you can call 1860 267 7777 or +91 22 4220 7777.